THE WEBSITE THAT CHRONICLES RECENT PRICES ON THE WESTSIDE OF LOS ANGELES.
DISCLAIMER: I do not take responsibility for the information presented here. I try to report information as accurately possible, but please do your own due dilligence. Always, consult your financial professional, before making any financial decisions.
Private questions can be sent to latesummer2009s@gmail.com

7 comments:

Anonymous
said...

I'm not one who follows charts and graphs...but i read this blog with interest..what i do know is what i hear and see from real people. and i don't see a real venice decline. someone past away on our block a few months ago and left behind a very nice modern house - about 1200 sq feet on a 5,000+ lot...it went up for 1.15, sold immediately in cash. (to someone moving here from europe to play on a pro sports team.) i think there's just a lot of people with cash who want to be near the beach.

Venice has held it's own as one of the most expensive areas on the Westside. Although, the sales volume has been declining recently. Obviously, it has become desirable for the entertainment industry, which has propelled the area. That being said, it has enjoyed the greatest appreciation. Most of the lots in Venice are small, and many have no parking. Looking at it fundamentally, it seems as it has the most to lose. We will have to see if financing will be a factor, or is everyone still flush with cash.